Nanotechnology Now







Heifer International

Wikipedia Affiliate Button


DHgate

Home > Press > Industrial Nanotech, Inc. Announces Update to INFONAVIT Qualification for Nansulate(R) Nanotechnology Based Insulation Technology

Abstract:
Industrial Nanotech, Inc. (Pink Sheets:INTK), an emerging global leader in nanoscience energy saving solutions, today announced an update to their earlier release regarding the favorable report by Mexico's CFE (Comision Federal de Electricidad, Federal Electricity Commission) which qualified the coatings for a state run energy efficiency credit program.

Industrial Nanotech, Inc. Announces Update to INFONAVIT Qualification for Nansulate(R) Nanotechnology Based Insulation Technology

Naples, FL | Posted on March 22nd, 2010

Distribuidora Nano de America S.A. de C.V., the company's Mexican distributor, has now completed the next step, which included the award of NOM 18 ENE, after successful testing by accreditation laboratory, ONNCCE, for thermal insulation values. They will next apply for the NOM 460C, which is expected to be completed in approximately 4-6 weeks. After award of that certification, first orders will begin for the green mortgage program. Initial applications will be on roofs of homes to increase energy efficiency and reduce energy costs. It is projected that Nansulate(R) will initially be used for approximately 40% of the market for this year (Total Market 400,000 units) which is near 160,000 units with approximately 4 gallons of Nansulate(R) to coat the roof of each unit.

Last year Mexico's CFE released a study they completed on the company's patented nanotechnology-based insulating coatings, Nansulate(R). The study found that the coatings acted as an effective insulator and provided significant energy savings during both day time and night time hours. The findings of the study qualified Nansulate(R) for the energy efficiency rebate program offered by INFONAVIT, Mexico's state owned, and largest, mortgage provider.

As the largest originator of residential mortgages in Mexico, INFONAVIT authorized a credit system called Green Mortgage in response to the recommendations of the General Assembly in Mexico. The Green Mortgage program is aimed at improving the environment, promoting the incorporation of sustainability criteria in the homes that INFONAVIT finances, supporting the National Strategy for Climate Change, and ensuring energy and water savings that will make homes more affordable. According to Government statistics over three years of administration, in spite of the economic crisis, INFONAVIT has granted 1.4 million home loan credits to families. In spite of believing that the economic crisis would completely halt housing loans and sales, the organization is finishing 2009 with 450,000 new loans.

Safe Harbor Statement

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

####

About Industrial Nanotech
Industrial Nanotech Inc. is a global nanoscience solutions and research leader and member of the U.S. Greenbuilding Council and the American Solar Energy Society. The Company develops and commercializes new and innovative applications for nanotechnology which are sold worldwide.

About Nansulate(R)
Nansulate(R) is the Company's patented product line of award winning, specialty coatings containing a nanotechnology based material and which are well-documented to provide the combined performance qualities of thermal insulation, corrosion prevention, resistance to mold growth, fire resistance, chemical resistance and lead encapsulation in an environmentally safe, water-based, coating formulation. The Nansulate(R) Product Line includes industrial, residential, agricultural and solar thermal insulation coatings. Additional information about the Company and its products can be found at their websites, (www.industrial-nanotech.com) and (www.nansulate.com). Blog: www.nansulate.com/nanoblog, Twitter: www.twitter.com/NanoPioneer.

For more information, please click here

Contacts:
For Industrial Nanotech, Inc.
The Cervelle Group, LLC
Investor Relations:
Rob Karbowsky, 407-614-5959, ext. 227

Copyright © Industrial Nanotech

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

News and information

Introduction of the LVEM25 Low Voltage Electron Microscope April 21st, 2015

Nondestructive 3-D Imaging of Biological Cells with Sound April 20th, 2015

Advances in molecular electronics: Lights on -- molecule on: Researchers from Dresden and Konstanz succeed in light-controlled molecule switching April 20th, 2015

Yale-NUS, NUS and UT Austin researchers establish theoretical framework for graphene physics: Making strides towards using graphene to create new electronic devices April 20th, 2015

Products

Iran Unveils 6 Knowledge-Based Products April 11th, 2015

Toronto-based Environmental Technology Pioneer Green Earth Nano Science Expands in EU February 6th, 2015

DELSEY by Philippe Starck DELSEY Launches New Collection by Philippe Starck February 4th, 2015

NEI introduces NANOMYTEŽ SuperAi, a Durable Anti-ice Coating December 4th, 2014

Announcements

Introduction of the LVEM25 Low Voltage Electron Microscope April 21st, 2015

Nondestructive 3-D Imaging of Biological Cells with Sound April 20th, 2015

Advances in molecular electronics: Lights on -- molecule on: Researchers from Dresden and Konstanz succeed in light-controlled molecule switching April 20th, 2015

Yale-NUS, NUS and UT Austin researchers establish theoretical framework for graphene physics: Making strides towards using graphene to create new electronic devices April 20th, 2015

New-Contracts/Sales/Customers

Oxford Instruments commissions high field outsert magnet system for the National High Magnetic Field Laboratory 32 Tesla magnet program April 17th, 2015

JPK reports on the use of the NanoWizardŽ 3 AFM system at the Hebrew University of Jerusalem April 14th, 2015

Deben reports on the research of Dr Sunita Ho from UCSF using a CCT500 tensile stage to study the behaviour of dental materials April 14th, 2015

UK National Graphene Institute Selects Bruker as Official Partner: World-Leading Graphene Research Facility Purchases Multiple Bruker AFMs April 7th, 2015

Construction

To Conserve London's 300-Year-Old Masterpiece, Nanotech & Drones April 12th, 2015

Effect of Carbon Nanotubes on Properties of Cement Composites Studied in Iran March 23rd, 2015

Engineers create chameleon-like artificial 'skin' that shifts color on demand March 12th, 2015

Nanoparticles Increase Durability of Concrete Decorations in Cold Areas January 26th, 2015

NanoNews-Digest
The latest news from around the world, FREE




  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More










ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project